Report Update Nov 1, 2024

Thailand - Wooden Particle Board - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Wooden Particle Board Market 2024

Wooden Particle Board Market Size in Thailand

The Thai wooden particle board market expanded sharply to $X in 2021, surging by 6.7% against the previous year. Overall, consumption faced a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wooden Particle Board Production in Thailand

In value terms, wooden particle board production soared to $X in 2021 estimated in export price. Overall, production, however, showed a deep slump. Wooden particle board production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wooden Particle Board Imports

Imports into Thailand

In 2021, supplies from abroad of wooden particle board increased by 67% to X cubic meters for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, showed a mild downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 207% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, wooden particle board imports surged to $X in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 215%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X cubic meters) was the main wooden particle board supplier to Thailand, with a 95% share of total imports. Moreover, wooden particle board imports from China exceeded the figures recorded by the second-largest supplier, Romania (X cubic meters), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +13.9%.

In value terms, China ($X) constituted the largest supplier of wooden particle board to Thailand, comprising 98% of total imports. The second position in the ranking was taken by Romania ($X), with a 1.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +24.4%.

Import Prices by Country

The average wooden particle board import price stood at $X per cubic meter in 2021, which is down by -5% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden particle board import price increased by +49.4% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 62%. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per cubic meter), while the price for Romania stood at $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wooden particle board in the world?

The countries with the highest volumes of wooden particle board consumption in 2021 were China, the United States and India, together comprising 50% of global consumption. These countries were followed by Germany, Nigeria, Brazil, Russia, Indonesia, Bangladesh, France, the UK, Spain and Mexico, which together accounted for a further 25%.

What are the largest producers of wooden particle board in the world?

The countries with the highest volumes of wooden particle board production in 2021 were China, the United States and India, with a combined 50% share of global production. Germany, Nigeria, Brazil, Russia, Indonesia, Bangladesh, France, Spain, Mexico and the UK lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of wooden particle board to Thailand?

In value terms, China constituted the largest supplier of wooden particle board to Thailand, comprising 98% of total imports. The second position in the ranking was occupied by Romania, with a 1.6% share of total imports.

What are the leading importers of wooden particle board from Thailand?

In value terms, Malaysia remains the key foreign market for wooden particle board exports from Thailand, comprising 89% of total exports. The second position in the ranking was occupied by the United States, with a 9.5% share of total exports.

What is the average export price for wooden particle board in Thailand?

In 2021, the average wooden particle board export price amounted to $169 per cubic meter, rising by 4.7% against the previous year.

What is the average import price for wooden particle board in Thailand?

The average wooden particle board import price stood at $605 per cubic meter in 2021, falling by -5.1% against the previous year.

This report provides an in-depth analysis of the wooden particle board market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 16211319 - Waferboard and similar board, of wood (excluding particle board and oriented strand board [OSB])

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023